Managing Director, GTBank, Mr. Segun Agbaje
Guaranty Trust Bank Plc (GTBank) has described its mobile money product as a preferred option for discerning users of alternative banking channels in the country.
A statement at the weekend explained that the bank’s mobile money services has recorded remarkable achievement in both the download and usage of the application as a result of the financial institution’s penetration strategy and partnership with major telecommunication companies in Nigeria.
It added: “The GTBank mobile money service is a convenient, secure and affordable way of sending money using a mobile phone. The service can be accessed by users of smart phones through the various app stores or by downloading the mobile Money application.
“A distinctive feature of the GTBank mobile money is its capacity to allow subscribers send cash to recipients that do not have bank accounts, and such recipients make card-less cash withdrawals from any GTBank Automated Teller Machines (ATMs) nationwide. All that the recipient needs is a mobile phone (any type) to experience the service.
GTBank mobile money application operates on a user-friendly platform specially designed to enable multi-level services such as phone to phone transfer of funds, airtime purchase, and bank account to mobile phone wallet transfer of funds amongst others.
Commenting on the development, Managing Director, GTBank, Mr. Segun Agbaje said: “Counting on GTBank’s robust banking platform and advancement in the telecommunications industry, the mobile money initiative has gone a step further in bringing banking services closer to the population – especially the unbanked who are more likely to have a mobile phone than a bank account”.